AI raised $20 billion in an upsized Series E to fund AI infrastructure and products, the company said in a press release.

Microsoft Corp. is using its partnership with BlackRock to co-fund and accelerate its AI infrastructure development, reducing ...

The race to build new infrastructure to support the ongoing boom in artificial intelligence continued apace today with two new announcements involving deals with Nvidia Corp. Elon Musk’s xAI Inc. and ...

Elon Musk's xAI raised $20 billion from Nvidia, Cisco, and other investors, exceeding its $15 billion target at a $230 ...

Elon Musk's AI said it raised $20 billion in new funding after CNBC reported in November that a financing round would value ...

The raise comes as xAI faces mounting international regulatory scrutiny over Grok's content moderation practices.

Elon Musk's xAI has secured a massive $20 billion funding round, reportedly with Nvidia as an investor, despite Nvidia's ...

Elon Musk’s xAI and Jensen Huang-led Nvidia announced Wednesday they are partnering with Saudi Arabia’s state-backed artificial intelligence firm to build a massive AI data center in the Persian Gulf ...

Elon Musk and Nvidia Chief Executive Jensen Huang said they were teaming up with Saudi Arabia’s AI company, Humain, on a data center that will consume 500 megawatts, or enough electricity to power ...

Musk praised Nvidia’s newly introduced Rubin graphics card in a statement issued on Monday. The remarks and Nvidia’s ...